On September 27, a block deal involving 81.8 lakh shares of Shivalik Bimetal Controls worth Rs 500 crore was executed at a floor price of Rs 611 per share, which represents a near one percent discount from the previous closing price. Details regarding the buyers and sellers involved in the deal are yet to be […]
Shivalik Bimetal Sees Rs 500 Crore Block Deal with 81.8 Lakh Shares Traded Read More »
Mouri Tech, an IT solutions and services provider, has filed draft papers with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) worth Rs 1,500 crore. The IPO will include a fresh issue of equity shares valued at Rs 440 crore and an offer-for-sale (OFS) worth Rs 1,060 crore by
IT Services Provider Mouri Tech Files for Rs 1,500-Crore IPO with SEBI Read More »
Logistics firm Allcargo Gati Ltd (formerly Gati Ltd) on September 26 announced a 10.2% average General Price Increase (GPI) effective from January 1, 2025, for its Express Distribution services. “This is the first price revision since Allcargo Logistics Limited’s strategic acquisition of Gati in 2019, driven by the necessity to align pricing with ongoing operational
Allcargo Gati announces 10% General Price Increase from January 1, 2025; shares rise 3% Read More »
Shares of Krsnaa Diagnostics surged 4 percent on September 26, following the company’s announcement to acquire a 23.53 percent stake in Apulki Healthcare, a start-up focused on oncology and cardiology services. This acquisition will grant Krsnaa exclusive rights to provide diagnostic services in partnership with Apulki Healthcare. Apulki Healthcare, founded in 2022, operates under a
Krsnaa Diagnostics Rises 4% on Plans to Acquire 23.53% Stake in Apulki Healthcare Read More »
Shares of EaseMyTrip (Easy Trip Planners Ltd) fell over 6 percent on September 25 after a block deal worth Rs 176.5 crore was executed on the exchanges. Around 4.6 crore shares, representing a 2.6 percent stake, were traded at a floor price of Rs 38 per share, slightly below the previous closing price. Following the
EaseMyTrip Shares Drop 6% as Promoter Offloads 2.6% Stake in Rs 176.5 Crore Block Deal Read More »
Shares of Delta Corp surged over 8 percent on September 25 after the company announced a major restructuring plan. The board of the gaming and hospitality firm has approved the demerger of its Hospitality and Real Estate businesses into a newly established entity, Delta Penland Private Limited (DPPL). Delta Corp currently operates in multiple segments,
Delta Corp Soars 8% After Announcing Demerger of Hospitality and Real Estate Units Read More »
The Bombay High Court has dismissed Hindustan Unilever Ltd’s (HUL) appeal against an August 2024 Assessment Order that imposed a tax demand of Rs 962.75 crore. The company announced the development on September 24. The tax demand was raised against HUL for non-deduction of Tax Deducted at Source (TDS) while making remittance payments related to
Bombay High Court Rejects Hindustan Unilever’s Appeal Against Rs 962.75 Crore Tax Demand Read More »
Food and grocery delivery giant Swiggy has cleared a major regulatory hurdle by securing approval from the Securities and Exchange Board of India (SEBI) after confidentially filing its draft IPO documents. This brings Swiggy a step closer to its much-anticipated public offering, sources familiar with the matter have confirmed. “Following the approval via the confidential
Swiggy’s IPO Receives SEBI Approval, Public Launch Anticipated by November Read More »
The Rs 151-crore initial public offering (IPO) of Manba Finance continued to attract significant investor interest, with the issue being subscribed 58.93 times on September 24, the second day of bidding. Investors placed bids for 51.85 crore equity shares against the offer size of 87.99 lakh shares. The non-banking finance company (NBFC) aims to raise
Manba Finance IPO Sees Strong Demand, Subscribed Nearly 59 Times on Day 2 Read More »
Shares of JTL Industries Ltd climbed by 6% on September 24 after the company announced that its board of directors will meet on October 3 to consider a share split and the issue of bonus shares. Following the news, the stock traded 6.4% higher before settling at ₹232.39 on the NSE, marking a 5.55% increase.
JTL Industries Shares Surge 6% as Board Meeting Set to Discuss Share Split, Bonus Issue Read More »
